Renovated Two-Family
31 Lumber Street Port Jervis, NY 12771
New
31 Lumber Street, Port Jervis, NY, 12771
$269,900
For Sale
$269,900
Renovated two-family property with the option to live in one unit and rent the other.
Property Size2,552 SF
Price / SF$105.76
Days on Market5
Property Features for 31 Lumber Street
General Information
- Standard status
- Active
- Size
- 2,552 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1900
Listing agency
Winwin Realty
(914) 309-5676
Listed by
Karan Garewal
(914) 309-5676
Source
Compass
Added: Jul 19 Updated: Jul 21 at 10:51AM Checked: Jul 22 at 11:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Winwin Realty
Investment Insights
Based on property information with market context.
This renovated two-family residence offers a practical owner-occupant setup, allowing you to live in one unit while renting the other. The property is identified as a residential income asset within the duplex/two-family category.
The home is located at 31 Lumber Street in Port Jervis, NY 12771.
As a two-unit income property, it’s structured for dual living or rental use depending on how the units are occupied.
The home is located at 31 Lumber Street in Port Jervis, NY 12771.
As a two-unit income property, it’s structured for dual living or rental use depending on how the units are occupied.
Key Highlights
- Renovated two‑family property with the option to live in one unit and rent the other
- Each unit features an eat‑in kitchen
- Detached frame home with vinyl siding
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.8k | $12.84 |
| − Vacancy | −$3.7k | −$1.45 |
| EGI | $29.1k | $11.39 |
| − OpEx | −$8.7k | −$3.42 |
| NOI | $20.3k | $7.97 |
2,552 SF · lease $12.84/SF/yr · vacancy 11.30% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.6K
$254.3K – $339.1K
NOI $20,345 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$278.3K
$243.5K – $324.7K
NOI $19,482 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$700.0K
$612.5K – $816.6K
NOI $48,998 @ 7.0% cap · market cap 18.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-family property with the option to live in one unit and rent the other.
Where is this duplex located?
The property is located at 31 Lumber Street Port Jervis, NY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Renovated two‑family property with the option to live in one unit and rent the other; Each unit features an eat‑in kitchen; Detached frame home with vinyl siding
